Zhejiang Aishida Electric Co Ltd (002403) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.054x

Based on the latest financial reports, Zhejiang Aishida Electric Co Ltd (002403) has a cash flow conversion efficiency ratio of -0.054x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥-84.25 Million ≈ $-12.33 Million USD) by net assets (CN¥1.57 Billion ≈ $230.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Zhejiang Aishida Electric Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Zhejiang Aishida Electric Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Zhejiang Aishida Electric Co Ltd carry for a breakdown of total debt and financial obligations.

Zhejiang Aishida Electric Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Aishida Electric Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
JPP Holding Company Limited TW:5284	0.066x
Laurent-Perrier PA:LPE	0.002x
Eagle Point Credit Company Inc. NYSE:ECC	0.031x
Ningbo Gaofa Automotive Ctrl SHG:603788	0.071x
Infund Holding Co Ltd SHE:002141	0.072x
Sicher Elevator Co. Ltd. SHE:301056	N/A
Groupon Inc NASDAQ:GRPN	0.345x
Zhejiang Red Dragonfly Footwear Co Ltd SHG:603116	-0.006x

Annual Cash Flow Conversion Efficiency for Zhejiang Aishida Electric Co Ltd (2007–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Aishida Electric Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang Aishida Electric Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.63 Billion ≈ $239.20 Million	CN¥177.93 Million ≈ $26.04 Million	0.109x	+60.61%
2023-12-31	CN¥1.64 Billion ≈ $240.50 Million	CN¥111.38 Million ≈ $16.30 Million	0.068x	+461.49%
2022-12-31	CN¥2.05 Billion ≈ $300.22 Million	CN¥-38.46 Million ≈ $-5.63 Million	-0.019x	-117.33%
2021-12-31	CN¥2.18 Billion ≈ $318.51 Million	CN¥235.44 Million ≈ $34.45 Million	0.108x	+428.94%
2020-12-31	CN¥2.27 Billion ≈ $332.09 Million	CN¥46.41 Million ≈ $6.79 Million	0.020x	+73.95%
2019-12-31	CN¥2.17 Billion ≈ $317.55 Million	CN¥25.51 Million ≈ $3.73 Million	0.012x	-81.24%
2018-12-31	CN¥2.25 Billion ≈ $328.79 Million	CN¥140.80 Million ≈ $20.60 Million	0.063x	+31.12%
2017-12-31	CN¥2.24 Billion ≈ $328.00 Million	CN¥107.13 Million ≈ $15.68 Million	0.048x	-67.40%
2016-12-31	CN¥2.15 Billion ≈ $313.97 Million	CN¥314.55 Million ≈ $46.03 Million	0.147x	+87.87%
2015-12-31	CN¥1.67 Billion ≈ $244.00 Million	CN¥130.11 Million ≈ $19.04 Million	0.078x	-48.62%
2014-12-31	CN¥1.67 Billion ≈ $243.95 Million	CN¥253.20 Million ≈ $37.05 Million	0.152x	+28.32%
2013-12-31	CN¥1.67 Billion ≈ $244.64 Million	CN¥197.88 Million ≈ $28.96 Million	0.118x	+25.96%
2012-12-31	CN¥1.62 Billion ≈ $237.40 Million	CN¥152.45 Million ≈ $22.31 Million	0.094x	+251.71%
2011-12-31	CN¥1.59 Billion ≈ $232.42 Million	CN¥-98.37 Million ≈ $-14.40 Million	-0.062x	+39.10%
2010-12-31	CN¥1.56 Billion ≈ $229.00 Million	CN¥-159.16 Million ≈ $-23.29 Million	-0.102x	-305.49%
2009-12-31	CN¥406.40 Million ≈ $59.47 Million	CN¥20.11 Million ≈ $2.94 Million	0.049x	-93.37%
2008-12-31	CN¥318.01 Million ≈ $46.54 Million	CN¥237.47 Million ≈ $34.75 Million	0.747x	+79.48%
2007-12-31	CN¥237.05 Million ≈ $34.69 Million	CN¥98.62 Million ≈ $14.43 Million	0.416x	--

About Zhejiang Aishida Electric Co Ltd

SHE:002403 China Specialty Retail

Market Cap

$550.30 Million

CN¥3.76 Billion CNY

Market Cap Rank

#12034 Global

#3707 in China

Share Price

CN¥11.04

Change (1 day)

+3.76%

52-Week Range

CN¥9.94 - CN¥17.73

All Time High

CN¥23.41